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Gasoline Prices in Iran remained unchanged at 0.36 USD/Liter in June. This dataset provides - Iran Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Iran IR: Pump Price for Gasoline: USD per Liter data was reported at 0.399 USD in 2016. This records an increase from the previous number of 0.374 USD for 2014. Iran IR: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 0.093 USD from Dec 1998 (Median) to 2016, with 10 observations. The data reached an all-time high of 0.399 USD in 2016 and a record low of 0.050 USD in 2000. Iran IR: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;
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Get the latest insights on price movement and trend analysis of Natural Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.
Oil And Gas Storage Service Market Size 2025-2029
The oil and gas storage service market size is forecast to increase by USD 4.62 billion, at a CAGR of 5.6% between 2024 and 2029.
The market is driven by the increasing global demand for oil and gas, necessitating the expansion of storage capacity to accommodate growing inventories. A notable trend in the market is the adoption of solidification technology for natural gas storage, enabling the efficient and safe storage of large volumes of natural gas. However, the market faces challenges due to the volatility in oil and gas prices, which can impact the profitability of storage projects. Natural gas and crude oil storage systems enable power plants to maintain a steady supply of fuel during peak load periods and unexpected outages. Companies specializing in oil and gas tank storage, LNG storage and regasification, and CNG storage are actively seeking innovative solutions to optimize their operations and mitigate the risks associated with price fluctuations.
Additionally, the development of floating storage and regasification units (FSRUs) offers opportunities for expansion into new markets and the provision of flexible storage solutions to meet the evolving energy demands of industries and consumers. In the power sector, oil and gas storage solutions are indispensable for peaking and backup power generation.
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The market encompasses various solutions, including asset management, underground and above-ground storage options, and cryogenic storage. Technology adoption in this sector is on the rise, with digital twins and advanced safety systems, such as pressure relief valves, explosion protection, and flame arrestors, becoming increasingly common. Compliance auditing and environmental permitting are crucial aspects of the market, ensuring adherence to safety performance metrics and environmental performance metrics. Storage capacity planning is essential for operational efficiency, with demand forecasting and vapor pressure control playing significant roles. Cost optimization is a key trend, driving the use of inventory turnover, safety training, and emergency drills.
Hazard analysis and gas detection are integral components of safety performance, while rupture disks and salt cavern storage offer enhanced safety and cost benefits. Market players focus on optimization and efficiency, with technology advancements in storage utilization rates and operational efficiency. Regulatory compliance and safety remain top priorities, with ongoing efforts to improve safety performance metrics and environmental performance metrics.
How is this Oil And Gas Storage Service Industry segmented?
The oil and gas storage service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Power plants
Oil refineries
Chemical plants
LNG storage facilities
Service
Storage services
Ancillary services
Type
Underground storage
Aboveground storage
Geography
North America
US
Canada
Europe
Russia
Middle East and Africa
Iran
Qatar
UAE
APAC
China
India
Singapore
Rest of World (ROW)
By Application Insights
The power plants segment is estimated to witness significant growth during the forecast period. The market encompasses a range of essential solutions for pipeline infrastructure, terminal operations, and power plants. Pipeline infrastructure necessitates tank coatings, temperature monitoring, and leak detection systems to ensure the safe and efficient transportation of oil and natural gas. Terminal operations rely on railcar loading, level monitoring, and inventory management to facilitate the transfer of petroleum products between various modes of transportation. Data security is a growing concern, as digitalization increases the need for robust cybersecurity measures.
These facilities incorporate advanced technologies such as artificial intelligence (AI), big data analytics, and remote monitoring to optimize capacity utilization and improve energy efficiency. Environmental protection is a critical concern in the oil and gas storage industry, with fire suppression systems, vapor recovery systems, and corrosion control measures ensuring safety and minimizing the carbon footprint. Logistics and transportation, including marine loading and third-party logistics, streamline the movement of petroleum products and facilitate just-in-time delivery. Storage tank maintenance, tank cleaning, and risk management practices ensure the longevity and safety of storage facilities. Digital transformation and SCADA syst
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This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Natural Gas Liquids (NGLs) Market Size 2025-2029
The natural gas liquids (NGLs) market size is forecast to increase by USD 21.5 billion, at a CAGR of 6.7% between 2024 and 2029.
The market is experiencing significant growth, driven by the expanding petrochemical industry and increasing demand for renewable energy. The petrochemical sector's growth is fueled by the rising production of plastics and other chemicals, which require NGLs as feedstocks. Moreover, the shift towards cleaner energy sources is creating new opportunities for NGLs as they are often used as feedstocks in the production of biofuels and other renewable energy applications. However, the market faces challenges as well. Growing environmental concerns are pushing for stricter regulations on the production and use of NGLs due to their carbon footprint. Additionally, the volatility of crude oil prices and the availability of alternative feedstocks can impact the profitability of NGLs.
Companies operating in the NGLs market must navigate these challenges by investing in sustainable production methods, exploring alternative feedstocks, and building strategic partnerships to stay competitive. By capitalizing on the growth opportunities and addressing these challenges effectively, players in the NGLs market can secure a strong market position and drive long-term success.
What will be the Size of the Natural Gas Liquids (NGLs) Market during the forecast period?
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The natural gas liquids (NGL) market is a dynamic and evolving sector, characterized by continuous shifts in supply and demand patterns and applications across various industries. NGLs, including propane, butane, and pentane, are derived from the natural gas value chain through a process called natural gas processing. These liquids find extensive use in various sectors, such as diesel production, hydrogen generation, and synthetic rubber manufacturing. Environmental regulations continue to shape the NGL market, with a focus on reducing greenhouse gas emissions and promoting carbon capture and energy efficiency. Cryogenic separation is a critical process in NGL production, enabling the separation of NGLs from natural gas through low-temperature distillation.
Fuel blending is another significant application of NGLs, with propane and butane used as fuel additives in gasoline and diesel to enhance combustion efficiency and reduce emissions. The ongoing transition towards renewable resources and sustainable development has led to the emergence of bio-based NGLs derived from renewable feedstocks. The NGL market is subject to market volatility due to price fluctuations and supply and demand imbalances. LNG terminals and LNG carriers play a crucial role in facilitating global trade, enabling the transportation of NGLs to markets where demand is high. The circular economy concept is gaining traction in the NGL industry, with a focus on maximizing the value of by-products and minimizing waste.
Fischer-tropsch synthesis is an emerging technology in the NGL market, enabling the conversion of natural gas into liquid hydrocarbons, including jet fuel and diesel. The potential for CO2 sequestration and emissions reduction through the utilization of NGLs in industrial processes and power generation is a significant area of research and development. Overall, the NGL market is a dynamic and evolving sector, with ongoing innovations and regulatory developments shaping its future.
How is this Natural Gas Liquids (NGLs) Industry segmented?
The natural gas liquids (NGLs) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Industrial
Residential
Commercial
Product
Propane
Butane
Pentane
Ethane
Geography
North America
US
Canada
Europe
Norway
Russia
Middle East and Africa
Iran
Qatar
UAE
APAC
Australia
China
Rest of World (ROW)
.
By Application Insights
The industrial segment is estimated to witness significant growth during the forecast period.
NGLs, such as ethane and propane, are vital components in the petrochemical industry, serving as essential feedstocks for the production of chemicals and plastics like ethylene, propylene, butadiene, and synthetic rubber. These building blocks are integral to various products, including plastics, synthetic rubber, detergents, and solvents. Propane and butane are also widely used as heating fuels for residential and industrial applications and as fuel for vehicles in areas with limited natural gas access or as LPG for cooking and heating. In refining o
Compressed Natural Gas (CNG) Market Size 2025-2029
The compressed natural gas (cng) market size is forecast to increase by USD 32.28 billion, at a CAGR of 9% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing number of CNG-powered vehicles and the expansion of natural gas supply infrastructure. The surge in CNG vehicle adoption is a result of environmental concerns and the need to reduce dependence on traditional fossil fuels. Additionally, the fluctuating global oil and gas prices have made natural gas an attractive alternative fuel source. However, the market faces challenges, including the high initial investment costs for CNG infrastructure and the limited availability of refueling stations in certain regions. Furthermore, the volatility of natural gas prices can impact the profitability of CNG as a fuel option.
Companies seeking to capitalize on the opportunities in this market should focus on expanding their CNG infrastructure and collaborating with vehicle manufacturers to promote the adoption of CNG-powered vehicles. Navigating the challenges will require strategic partnerships and investments in technology to optimize the efficiency and cost-effectiveness of CNG production and distribution.
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The market continues to evolve, with dynamic market patterns unfolding across various sectors. CNG processing technologies are advancing, enabling the conversion of natural gas into a transportable form for diverse applications. CNG trucks are gaining traction in commercial transportation, offering cost savings and energy security. In the public transportation sector, CNG buses are reducing carbon footprints and contributing to clean energy initiatives. CNG taxis are emerging as a sustainable alternative to traditional taxis, while CNG cryogenic storage solutions ensure efficient and safe fuel management. Energy security is a significant driver, with CNG's potential to reduce reliance on traditional fossil fuels and contribute to renewable energy integration.
Innovation is at the forefront, with advancements in CNG fuel efficiency, leak detection, metering, and fleet management systems. Biofuel applications are expanding, offering further sustainability benefits. Regulations and incentives shape the market landscape, influencing CNG adoption and infrastructure development. CNG supply and distribution networks are evolving, with pipelines and refueling stations expanding to meet growing demand. Safety remains a priority, with ongoing research and development in fire suppression, vaporization, and safety regulations. The CNG market's continuous dynamism underscores its potential as a viable alternative fuel source.
How is this Compressed Natural Gas (CNG) Industry segmented?
The compressed natural gas (cng) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
LDV
MDV and HDV
Source
Non associated gas
Unconventional gas
Associated gas
Distribution Channel
Refueling Stations
Virtual Pipelines
Tank Type
Type 1
Type 2
Type 3
Type 4
Vehicle Types
Light-Duty
Heavy-Duty
Buses
Geography
North America
US
Mexico
Europe
France
Italy
Norway
Middle East and Africa
Egypt
Iran
Qatar
UAE
APAC
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Application Insights
The ldv segment is estimated to witness significant growth during the forecast period.
The market in the US is witnessing significant growth as businesses and public entities adopt this clean, domestic alternative fuel for various applications. CNG is increasingly being used in public transportation, with cities like Los Angeles, New York, and Seattle leading the way in converting their bus fleets to CNG. CNG fueling stations are expanding to meet the demand, with over 1,500 stations currently in operation. CNG is also gaining popularity in commercial transportation, particularly for heavy-duty vehicles like trucks and buses, due to its cost savings and energy security benefits. The US Department of Energy estimates that CNG costs about 30% less than gasoline or diesel, making it an attractive option for fleet operators.
CNG is also a domestically produced resource, reducing dependence on foreign oil and contributing to energy independence. In the residential sector, CNG is being used for heating and cooking applications, particularly in areas with abundant natural gas resources. CNG is also being used in emergency response vehicles and renewable energy systems. C
Flare Gas Recovery System Market Size 2024-2028
The flare gas recovery system market size is forecast to increase by USD 1.56 billion at a CAGR of 14.76% between 2023 and 2028. The market experiences significant growth due to the environmental and economic advantages it offers to petroleum refineries and Natural Gas Liquids (NGL) plants. The increasing production of natural gas from subsea oil and gas formations necessitates the adoption of advanced extraction processes, leading to the recovery of flare gas. This, in turn, reduces operational expenses for refineries and NGL plants. Skid-mounted systems, which incorporate compressor technology like liquid ring compressors, play a crucial role in the flare gas recovery process. However, the market faces challenges due to the lack of technology in underdeveloped and emerging economies. The report provides a comprehensive analysis of these trends and challenges, enabling stakeholders to make informed decisions and capitalize on opportunities in the market.
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The market represents a significant opportunity for energy and industrial sectors to enhance their operational efficiency and reduce carbon emissions. This market focuses on the recovery and utilization of excess gas generated during the production of fossil fuels, particularly in power generation applications and industrial facilities such as refineries and chemical plants. Fossil fuel production processes, including natural gas production and refining, often result in the generation of flare gas. Traditionally, this excess gas has been burned off or flared, releasing carbon emissions into the atmosphere.
However, the adoption of flare gas recovery systems enables the capture and utilization of this gas, transforming it into a valuable energy source. These systems are designed to compress and transport the recovered gas to power generation applications or other industrial processes, increasing the overall efficiency of energy production. Operating pressure and flow rate are essential factors in the design and implementation of flare gas recovery systems. The systems must be able to handle the varying pressure and flow rates of the recovered gas, ensuring optimal performance and energy recovery.
In addition, the implementation of flare gas recovery systems not only enhances energy efficiency but also contributes to environmental sustainability by reducing carbon emissions. By capturing and utilizing excess gas instead of flaring it, these systems help minimize greenhouse gas emissions, aligning with global efforts to mitigate climate change. In summary, the market offers a promising solution for energy and industrial sectors to optimize their operations, enhance energy efficiency, and minimize carbon emissions. The integration of skid-mounted systems with compressor technology plays a vital role in the recovery and utilization of excess gas, ultimately contributing to a more sustainable and efficient energy landscape.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Capacity
Very large
Large
Medium
Small
Geography
North America
Canada
US
Europe
APAC
China
Middle East and Africa
South America
By Capacity Insights
The very large segment is estimated to witness significant growth during the forecast period.Flare Gas Recovery Systems (FGRS) play a crucial role in natural gas production and refining processes by capturing and utilizing flared gas, thereby reducing carbon emissions and financial losses. The energy generated from this unmarketable natural gas can be utilized for energy co-generation, powering on-site operations or even sold back to the grid. The growing emphasis on environmental preservation initiatives is driving the demand for FGRS, as companies seek to minimize their carbon footprint and adhere to stricter regulations. Additionally, the increasing awareness of the negative environmental impact of industrial production processes is accelerating the adoption of FGRS. In the oil and natural gas sector, where energy efficiency and cost savings are key priorities, FGRS are becoming an essential investment for firms to maximize energy usage and minimize waste. As a result, the market for large-scale FGRS is poised for significant growth during the forecast period.
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The very large segment accounted for USD 507.50 million in 2018 and showed a gradual increase during the forecast period.
Regional Insights
North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 14.84(USD Billion) |
MARKET SIZE 2024 | 15.34(USD Billion) |
MARKET SIZE 2032 | 20.0(USD Billion) |
SEGMENTS COVERED | Infrastructure Type, Gas Transportation, Oil Transportation, Service Type, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Supply chain inefficiencies, Geopolitical tensions and sanctions, Infrastructure investment needs, Environmental regulations impact, Demand for energy diversification |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Ghadir Investment Company, Iranian Offshore Oil Company, Kavoshgaran Oil and Gas Development Company, Petropars, Sazeh Sazeh Shargh, Iran Oil Pipelines and Telecommunication Company, Mapna Group, National Iranian Oil Company, INEOS, Pars Oil and Gas Company, Persian Gulf Star Oil Company, Sinopec, NISOC, Iranian Gas Engineering and Development Company, Petroleum Engineering and Development Company |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Increased infrastructure investment, Expansion of pipeline projects, Rising global energy demand, Technological advancements in processing, Enhanced cooperation with foreign investors |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.37% (2025 - 2032) |
Floating Storage Regasification Unit Market Size 2025-2029
The floating storage regasification unit (FSRU) market size is forecast to increase by USD 1.08 billion at a CAGR of 9% between 2024 and 2029.
The Floating Storage and Regasification Unit (FSRU) market is experiencing significant growth, driven by several key factors. One of the primary drivers is the cost competitiveness of FSRUs, which offers an economical solution for importing liquefied natural gas (LNG) compared to traditional pipelines. Another trend influencing the market is the stabilization of crude oil prices, making LNG a more attractive alternative for energy consumption. Furthermore, the increasing number of alternatives to traditional LNG import terminals, such as FSRUs, is contributing to the market growth. These trends are shaping the future of the global energy landscape and positioning FSRUs as a viable and flexible solution for meeting the growing energy demands.
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The market has experienced significant growth due to the increasing demand for Liquefied Natural Gas (LNG) in various energy sectors, particularly in power plants and the automotive industry. The shale gas revolution in numerous regions has led to an abundance of natural gas production, driving the need for LNG as a fuel and for export. FSRUs, which convert LNG back into its gaseous state for distribution, play a crucial role in this global LNG trade. These units are typically located in seas and oceans and operate in a semi-cooled state, with temperature control essential for efficient vaporization. FSRUs are either converted LNG carriers or new-build vessels, offering flexible storage capacity solutions for markets with intermittent LNG import demand.
Moreover, capital for installing new FSRUs and expanding existing ones continues to flow, reflecting the market's direction and the ongoing importance of LNG as a fuel source In the energy mix. The oceanic ecosystem remains a critical consideration in FSRU design and construction, ensuring minimal environmental impact.
How is this Floating Storage Regasification Unit (FSRU) Industry segmented and which is the largest segment?
The floating storage regasification unit industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Power generation
Industrial
Others
Type
Newly built
Converted
Capacity
Medium (1-5 MTPA)
Large (above 5 MTPA)
Small (less than 1 MTPA)
Geography
Middle East and Africa
Egypt
APAC
China
Japan
South Korea
Europe
Germany
UK
North America
US
South America
By End-user Insights
The power generation segment is estimated to witness significant growth during the forecast period.
The Floating Storage and Regasification Unit (FSRU) market is experiencing growth due to the increasing demand for LNG imports, driven by natural gas production and the shale gas revolution. FSRUs convert liquefied natural gas (LNG) back into its gaseous state for use in power plants, the automotive sector, and industries. These units are particularly useful in locations without access to traditional pipeline networks or where pipeline infrastructure is insufficient. FSRUs operate in a semi-cooled state, using intermediate fluid vaporization and open circuit systems, which reduce environmental pollution and enable low carbon emissions. FSRUs are also used for defense purposes and In the transportation sector for fuel and energy consumption.
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The power generation segment was valued at USD 999.50 million in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 48% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing notable growth due to strategic initiatives aimed at enhancing energy security and establishing the region as a significant energy hub. Notably, the UAE launched the first large-scale FSRU project at the Port of Fujairah in June 2024, with a regasification capacity of 2.5 million tons per annum (MTPA). This project is a pivotal step in addressing the UAE's domestic energy needs and contributing to the broader Middle Eastern market. Natural gas production, particularly from shale formations, and
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The global Compressed Natural Gas (CNG) market is experiencing robust growth, driven by increasing environmental concerns and the need for cleaner transportation fuels. The market size in 2025 is estimated at $50 billion, based on a projected Compound Annual Growth Rate (CAGR) of 8% from 2019 to 2024. This growth is fueled by stringent emission regulations globally, particularly in developed nations like those in North America and Europe. Furthermore, the rising demand for CNG in the automotive sector, including buses, trucks, and light-duty vehicles, significantly boosts market expansion. Government incentives and subsidies promoting CNG adoption further contribute to this upward trend. Key market segments include various applications, such as transportation, power generation, and industrial uses, and diverse CNG types based on purity and sourcing. Leading players like Indraprastha Gas, National Iranian Gas, and OAO Gazprom are actively shaping the market dynamics through strategic investments, expansion projects, and technological advancements in CNG infrastructure and vehicle technology. However, challenges remain, including the high initial investment costs associated with CNG infrastructure development and the fluctuating prices of natural gas itself, which can impact market stability. Despite these constraints, the long-term outlook for the CNG market remains positive. The continuous development of sustainable energy solutions, coupled with growing awareness of environmental issues, will further solidify CNG's position as a cleaner alternative to traditional fossil fuels. Technological advancements such as improved CNG storage and dispensing systems are also enhancing the efficiency and safety of CNG utilization. Geographical expansion into emerging economies in Asia Pacific and the Middle East & Africa, where demand for affordable and environmentally friendly fuel sources is substantial, presents lucrative opportunities for market players. The forecast period, 2025-2033, is expected to witness a continued expansion of the CNG market, albeit at a potentially moderating CAGR due to market saturation in certain regions and the emergence of competing alternative fuels. The focus will shift towards optimizing existing infrastructure and improving the overall efficiency of the CNG value chain.
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The global oil and gas market has undergone profound changes during the past year, in the face of the rapid decline in global crude oil prices. By February 2016, prices for Brent crude dropped to US$32 a barrel, having been on a downward trend since late 2013 when they were around US$110 a barrel. This fall greatly disrupted investment plans in new construction projects, both at country and company level.
Mature oil-producing countries, such as those in the Gulf Co-operation Council (GCC), have reduced their investment in oil and gas construction projects as continually high production keeps oil prices at a low level. The recent agreement between Saudi Arabia and Russia to peg back production to January levels is unlikely to have an inflationary effect on prices until other producers, such as Iran, become involved. Iran is again supplying oil and gas to the market after long-term sanctions were lifted, so a reduction in supply does not align with its economic strategy.
In the past few years, countries outside the Middle East have recorded the fastest growth in production and investment in oil and gas projects. Canada, with its exploitation of its huge oil sands resources to produce oil, and the US, with growth in its oil and gas industry prior to the oil price collapse, have asserted themselves, along with Russia, as leading suppliers in the industry. Read More
In 2024, diesel prices in Poland decreased compared to the previous year, amounting to **** euros per liter. Causes of fuel price fluctuations in Poland in 2018 The increase in fuel prices in Poland was mainly influenced by changes in the international oil and fuel markets and by changes in the exchange rate of the Polish currency to the U.S. dollar. The strengthening of the zloty's exchange rate to the dollar slowed down the scale of price rises for Polish fuel consumers. In 2018, the international situation did not ensure stable prices on the market. Waiting for the introduction of oil sanctions against Iran, a possible trade war between the U.S. and China, or information about a potential further reduction in oil production by OPEC+ countries resulted in rising oil prices in global markets. As soon as it became clear that neither sanctions on Iran nor restrictions on oil production affected the supply of crude oil on the world market as expected, prices on the markets started to fall. Nevertheless, drivers and transport companies have not benefited from the rising average annual prices, although state VAT revenues have increased significantly. Higher sales of liquid fuels, rising prices, and an increase in the number of cars on Polish roads have also resulted in additional income for Polish oil companies. Biofuel market in Poland Transport is the sector that accounts for one of the most significant shares of total carbon dioxide emissions from fuel combustion. Complete replacement of oil in transport is possible but costly. The data show that the consumption of biodiesel in transport is higher every year, and, like energy, transportation has a mandatory target for Renewable Energy Systems in 2020. The dominant renewable energy source in transport is biodiesel, followed by bioethanol and renewable electricity in rail transport. The average EU share of RES in transport is over * percent, while in Poland, it is steadily growing, reaching nearly * percent in 2018.
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Global oil and gas equipment transportation industry overview
The rise in oil and gas exploration and production activity is one of the primary factors that will trigger the growth of this market. In addition, the rapid growth in oil and gas production in the Middle East countries such as Iran, Iraq, and Saudi Arabia will drive the demand for oil and gas equipment transportation market during the forecast period. Exploration and production activity is a vital upstream process along with certain other activities including the locating of oil rigs, searching for oil and petrochemical products, and operating subsea vessels. The continuous increase in oil and gas exploration and production on a global level will boost market growth in the upcoming years.
Technological advancements in the supply chain and logistics are gaining traction in the market. Logistics service providers are offering high-end transportation and warehousing in the oil and gas supply chain. Various logistics service providers are offering value-added services such as grading and sorting of products; legal formalities and custom procedure; and management information system (MIS) in the oil and gas equipment supply chain. The use of upgraded technology-driven solutions in transportation services will streamline the global oil and gas equipment transportation market.
Top oil and gas equipment transportation companies covered in this market research report
The oil and gas equipment transportation market is moderately fragmented with companies focusing on leveraging technological advances in logistics and supply chain to offer highly efficient services. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this oil and gas equipment transportation industry analysis report will allow clients to design effective business strategies to strengthen their position in the market.
The report offers a complete analysis of various companies including:
C.H. Robinson
DB Schenker
Deutsche Post DHL Group (DPDHL Group)
Expeditors
Gulf Agency Company
KUEHNE+NAGEL
Oil and gas equipment transportation market segmentation based on geographic regions
Americas
APAC
EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest market share throughout the forecast period owing to the presence of oil and gas-rich- economies including the US, Canada, Venezuela, and Brazil. Furthermore, the increased production of shale gas will further drive market growth in the region.
Oil and gas equipment transportation market segmentation based on mode of transportation
Road transportation
Rail transportation
Sea transportation
Air transportation
The road transportation segment will account for the highest market share over the forecast period.. Additionally, the report also provides an accurate prediction of the contribution of all the transportation segments to the growth of the oil and gas equipment transportation market size.
Key highlights of the global oil and gas equipment transportation market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the oil and gas equipment transportation market during the next five years
Precise estimation of the global oil and gas equipment transportation market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the oil and gas equipment transportation industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of oil and gas equipment transportation companies
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Oilfield Surfactants Market Size 2024-2028
The oilfield surfactants market size is forecast to increase by USD 607.6 million at a CAGR of 4% between 2023 and 2028.
The market is experiencing significant growth due to the increasing demand for enhanced oil recovery (EOR) techniques, particularly surfactant flooding, in various regions. Surfactant flooding is an effective EOR method used to reduce interfacial tension (IFT) between oil and water, thereby improving the mobility of oil in reservoirs. Wettability alteration through surfactants is another key trend in the market, as it enhances the recovery of oil from reservoirs during the tertiary recovery phase. Chemical EOR processes, which utilize surfactants, are gaining popularity due to their ability to improve reservoir conditions and enhance the recovery of crude oil. However, fluctuating crude oil prices and the high cost of surfactant production are major challenges facing the market. Proper surfactant selection, based on reservoir conditions, is crucial for maximizing the benefits of surfactant flooding and other chemical EOR processes. Therefore, a thorough understanding of surfactant properties and their behavior in reservoirs is essential for market participants to remain competitive.
What will be the Size of the Market During the Forecast Period?
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The oil and gas industry continues to seek innovative solutions to maximize hydrocarbon recovery from reservoirs. One such area of focus is the use of polymer materials and surfactants in oilfield applications. These specialized chemicals play a crucial role in enhancing oil recovery, particularly during the tertiary recovery phase. Polymer materials, including synthetic polymers, are widely used as viscosity reducers and fluid loss reducers in drilling and production processes. Viscosity reducers help maintain the desired viscosity of drilling fluids, ensuring efficient drilling operations. Fluid loss reducers minimize the loss of drilling fluids into the formation, preventing potential damage to the reservoir and reducing non-productive time. Sulfonic acid groups are essential components of various oilfield surfactants. These groups, when incorporated into surfactant molecules, facilitate the reduction of interfacial tension (IFT) between oil and water. Lower IFT values promote better wettability alteration, which is essential for effective surfactant flooding.
Surfactant flooding is a widely used chemical enhanced oil recovery (EOR) technique that involves injecting a surfactant solution into the reservoir to reduce IFT and improve oil displacement. Polymeric alcohol surfactants, such as methyl gluconate and glycerin-based drilling fluids, are commonly used for this purpose. These surfactants offer advantages like improved stability, lower toxicity, and enhanced oil recovery. Coagulants are another type of chemical used in oilfield applications. They are employed to remove or destabilize surfactant solutions when necessary, such as during water flooding or during the production phase. Proper surfactant screening and characterization, including phase behavior and surfactant adsorption studies, are essential to ensure optimal performance of these chemicals. Chemical EOR techniques, including surfactant flooding, are often employed under reservoir conditions that are challenging for hydrocarbon production. These conditions may include high temperatures, pressures, and the presence of water and gas. Effective surfactant selection and application are crucial to ensure successful implementation of these techniques. In addition to surfactant flooding, other EOR methods like gas injection, microbial recovery, and thermal recovery also benefit from the use of surfactants.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Source
Biobased
Synthetic
Geography
Middle East and Africa
North America
US
Europe
France
APAC
South America
By Source Insights
The biobased segment is estimated to witness significant growth during the forecast period.
The market is witnessing notable growth due to the challenges posed by reservoir heterogeneities in enhancing oil production rates. Surfactants are essential in various oilfield applications, including waterflooding and artificial lift systems, to improve the efficiency of primary recovery. Biobased surfactants are gaining popularity due to their eco-friendly nature and sustainability. Derived from natural and renewable resources such as plant oils, sugars, and fatty acids, these surfactants offer biodegradability and lower environmental impact.
In 2023, regulatory requ
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What will the Calcium Carbide Market Size be During the Forecast Period?
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Calcium Carbide Market: Key Drivers, Trends, and Challenges
The increasing steel production is notably driving the calcium carbide market growth, although factors such as health hazards caused by exposure to calcium carbide may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the calcium carbide industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Calcium Carbide Market Driver
The rising demand for acetylene is a major factor driving the global calcium carbide market share growth. Acetylene is one of the most efficient and hottest burning standard welding gases. Calcium carbide reacts with water to produce acetylene and lime milk. One of the most extensive applications of acetylene gas is the preparation of various organic chemicals, such as 1,4-butanediol, which is widely used in the synthesis of polyurethane and polyester plastics. Acetylene can be used as a raw material to produce acetaldehyde, acetic anhydrite, and acetic acid. Additionally, it is also used for flame cleaning sheet metal surfaces. Rust, mill scale, and other scales are removed by low-cost flame cleaning. Furthermore, acetylene is used in various consumer products such as hair sprays and cosmetics. The rising demand for acetylene gas due to its application in various products is expected to drive the demand for calcium carbide during the forecast period.
Key Calcium Carbide Market Trend
The rising demand for calcium cyanamide is another factor supporting the global calcium carbide market share growth. Calcium cyanamide is one of the fertilizers used in the agriculture industry and it prevents yield and quality losses during tight crop rotations. It is a nitrogen-based fertilizer made from carbides that are produced by heating limestone and compound nitrogen at high temperatures. As an agricultural chemical, calcium cyanamide protects crops from a wide range of harmful insects and weeds. Calcium cyanamide is one of the highly consumed fertilizers across the world. The global fertilizers market was valued at 342,128.77 thousand tons in 2018. Moreover, calcium cyanamide is utilized in non-agricultural applications, such as the production and refining processes of iron and industrial chemical products, which, in turn, contributes to the growth of the market. Therefore, the rising global demand for fertilizers will drive the demand for calcium cyanamide during the forecast period and increase the demand for calcium carbide.
Key Calcium Carbide Market Challenge
The health hazards caused by exposure to calcium carbide will be a major challenge for the global calcium carbide market share growth during the forecast period. Exposure to calcium carbide can cause short-term and long-term health hazards. These short-term health hazards include nausea and vomiting, diarrhea, anemia, and low blood pressure. Whereas the long-term health hazards include stomach ailments, headaches, fatigue, neuropathy, and dark spots on the skin, soles of the feet, and torso. Moreover, it leads to ulceration and scarring of moist skin and mucous membranes. Calcium carbide leads to ulceration and scarring of moist skin and mucous membranes. Workers who are frequently exposed to calcium carbide suffer from cheilitis, which is characterized by dryness, intense desquamation, swelling and hyperemia of the lips, and deep radial fissures. Therefore, the health hazards caused by exposure to calcium carbide are likely to hamper the growth of the global calcium carbide market during the forecast pe
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